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Biggest Even Microsoft Buyback, New Retail Sales Go Against Prevailing Wisdom, Trump Crypto Project

Benzinga ·  Sep 17 22:27

To gain an edge, this is what you need to know today.

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Against Prevailing Wisdom

Please click here for an enlarged chart ofMicrosoft Corp(NASDAQ:MSFT).

Note the following:

  • This article is about the big picture, not an individual stock. The chart of MSFT stock is being used to illustrate the point.
  • The chart shows that after touching the low band of the support zone, MSFT stock has moved up in a straight line.
  • The chart shows the move up in the early trade on three announcements:
    • Microsoft is announcing a new $60B stock buyback program. This matches the largest...
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